Common use of Peer Companies Clause in Contracts

Peer Companies. The term “Peer Companies” means all companies listed in the Xxxxxxx Mid-Cap Financial Services Index as of the first day of the Performance Period as adjusted below. Each Peer Company’s “common stock” shall mean that series of common stock that is publicly traded on a registered U.S. exchange or, in the case of a non-U.S. company, an equivalent non-U.S. exchange. For purposes of calculating TSR, the value on any given trading day of any Peer Company shares traded on a foreign exchange will be converted to U.S. dollars. The Peer Companies may be changed as follows:

Appears in 5 contracts

Samples: Performance Based Restricted Share Unit Agreement (Assured Guaranty LTD), Performance Based Restricted Stock Unit Agreement (Assured Guaranty LTD), Performance Based Restricted Stock Unit Agreement (Assured Guaranty LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!